Crypto investing is often a game of narratives. If you can invest in projects that have the best narratives early on, you should see significant gains.
Two of the biggest narratives for 2023 are Web3 gaming and the best memecoins. Shiba Inu is well-positioned to be a top-performing memecoin, and Metacade could be 2023’s breakout Web3 gaming project. We’ll tell you why below.
What is Metacade?
Metacade is a Web3 community hub that has the potential to shake up the status quo in Web3 gaming – a multi-billion dollar industry that’s primed to grow even more in 2023.
It’s like a virtual arcade where gamers can go to connect with other players, hang with their friends, and enjoy the latest games from top developers in the industry.
On top of that, Metacade also plans to become a hub for GameFi employment. It will make it easier for developers to connect with testers and other talent, and vice versa. It will be a meeting place for entrepreneurs, friends, gamers, and everyone who has a place in the Web3 gaming community.
What Makes it Unique?
Metacade stands out from other GameFi projects in a few key ways.
One is that it gives gamers the ability to play multiple games from a single location, instead of only single titles.
It’s also going to use a community-centric token model that stands out from the competition. There won’t be significant VC investment so the community can expect to get in on the ground floor when the company’s token ($MCADE) launches.
Additionally, Metacade is about more than just games. Players can come into the virtual arcade to socialize, find potential employment, participate in tournaments and contests, and so much more. When you put it all together, you get a project that looks to go beyond what the best memecoins have to offer.
Why it’s Positioned to Dominate 2023
It’s clear that Metacade has a ton of potential. But so do many other projects. So why is this one worth your attention above all the others?
One of the biggest reasons is that many analysts expect GameFi to be the next crypto sector to explode. There are nearly 3.25 billion gamers across the planet. Once they begin getting into crypto games, the entire crypto industry could once again enjoy a massive leap in popularity.
If you’re able to invest early in one of the best GameFi projects in 2023, you could do extremely well for yourself when the bull market returns.
What’s Shiba Inu?
Shiba Inu began as a meme coin, pure and simple. It was designed as a fun internet currency, similar to Doge, that people could use to meme with their friends.
But it quickly grew into one of the highest valued memecoins in existence. Now, Shiba Inu has a market cap (about $6.5 billion as of the time of writing) and still maintains some growth.
What Makes it Unique?
Shiba Inu is a meme coin. These tokens don’t necessarily try to stand out by creating the best technology around their tokens. Instead, their goal is often to capture attention by designing a highly memeable token and establishing a community around it.
Shiba Inu has done this better than nearly any others. It’s second only to Doge in terms of market capitalization for meme coins, and has a huge fanbase both within the traditional crypto community and outside of it.
Why Is It One of the Best Memecoins for 2023?
Shiba Inu has been a standard meme coin throughout most of its history. But now, the community is attempting to pivot into a fully decentralized ecosystem. This makes it one of the best memecoins out there.
Developers have already launched an exchange on Shiba Inu and have created several new tokens on the chain. If Shiba Inu can establish itself as a fully-functional layer 1 token, it could have huge upside into 2023 and beyond.
Which One Should You Buy?
It’s hard to choose between two projects that are both well-positioned to thrive in 2023. But if we had to make a decision, it would be Metacade.
Metacade is community-centric and built to connect with one of the largest dedicated user bases on the planet. It has a real chance in the future to become Web3’s official GameFi community hub.
Plus, it makes more sense from an economic standpoint. Shiba Inu is one of the best memecoins with a $6.5 billion valuation already, but growth has slowed greatly.
With Metacade just getting started, it carries a lot more upside potential than Shiba Inu does at this stage in its evolution.
You can participate in the Metacade pre-sale here.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.